$3,930,000
$4,075,000
3.6%For more information regarding the value of a property, please contact us for a free consultation.
21511 Pioneer BLVD Lakewood, CA 90715
9,770 SqFt
Key Details
Sold Price $3,930,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 9,770 sqft
Price per Sqft $402
Subdivision East Lakewood (Elk)
MLS Listing ID PW22170202
Sold Date 09/15/22
HOA Y/N No
Year Built 1988
Lot Size 0.390 Acres
Acres 0.3901
Property Description
We are pleased to present the Pioneer Townhomes, a 9-unit apartment community in Lakewood. This building is being sold by the developer who has owned the property since it was constructed in 1988. The building comprises three 3BD/2.5BA, one 3BD/2BA, and five 2BD/2BA townhomes. Each unit has an attached 2-car garage, a balcony (most units), individual water heaters, in-unit laundry, and central air & heat. Six of the nine units have been heavily renovated with granite countertops, new kitchen cabinets, and vinyl wood flooring. In addition, all of the air conditioning units have been replaced, and the exterior has recently been painted. This is a well-kept asset that offers an investor the opportunity to purchase a 4.5% in-place cap with proven upside in rental income.
Location
State CA
County Los Angeles
Area 26 - Lakewood East
Zoning LKMFR*
Rooms
Ensuite Laundry Washer Hookup, Gas Dryer Hookup
Interior
Laundry Location Washer Hookup,Gas Dryer Hookup
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 22.0
Garage Description 22.0
Pool None
Community Features Sidewalks
Total Parking Spaces 22
Private Pool No
Building
Lot Description Rectangular Lot
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7065023028
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Chris Keramati • Triqor Group